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Vacant SE Pebble Ridge St, Lee, FL

Vacant Se Pebble Ridge St : Lee, FL 32059

Madison County, Florida

40.02 Acres
$240,000 USD
$5,997 / ac
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Ranch Description

40 acres of completely high and dry land located in southern Madison County, FL. The property is just a few minutes south of Interstate 10. This tract lies within Glenwood Forest Subdivision. This is a corner property with frontage on two roads. It has frontage on government maintained, paved, CR 255, and it also has frontage on SE Pebble Ridge St which is a privately maintained dirt road. The entire 40 acres has been planted with longleaf pines. This tract offers future investment opportunities. Invest your money in land. They aren't making any more of it. The pines will be income producing. Once the pines are fully mature the timber can be sold. In the meantime there is potential annual income from the pine straw. Wildlife is plentiful in this area. This parcel would also make the perfect forever homesite in the country, or that weekend getaway ecreation property you've always wanted. Carve out your own perfect spot, and make money off the rest of the pines. Let the income from the pines pay your property taxes, utilities, insurance, etc. Conveniently located to I-10 for easy commuting to Tallahassee, or Jacksonville. Only a short drive to downtown Madison, FL, the historic Suwannee River, Madison Blue Spring State Park, and many other natural beauties located throughout Madison County. There are more parcels available. There is a total of 120 acres available. Three 40 acre tracts. All currently planted with longleaf pines. Each 40 acre tract is listed for $240,000.

Ranch Maps

More Ranch Details

Estimated Annual Taxes
$175
RANCHFLIP ID
323876
MLS / Internal / Other ID
29024
Posted on RANCHFLIP
19 Days Ago
Last Updated
1 Days Ago
Views
21
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